Tax Law and Digitalization: The New Frontier for Government and Business is a fundamental book that unravels the tremendous potential of ‘tax technology’ to transform tax compliance positively, showing both governments and businesses how to manage the transition from the old to the new. Albeit we are progressing into an era where the traditional working ways are being disrupted by the mechanization of processes, new technologies are altering the way tax administrations, taxpayers and their advisers interact, effecting a reduction in the compliance cost for taxpayers, a level playing field for large and small businesses and fewer opportunities to engage in aggressive tax practices.
What’s in this book:
Delving deep into the technology available in the tax field, the book elucidates how to secure its benefits in the following ways:
The contributions present in this book were presented at a conference held under the auspices of the Digital Economy Taxation Network at the Vienna University of Economics and Business in December 2020.
How this will help you:
The perspective throughout focuses on how to achieve better tax compliance at a lower cost. Consequently, this exhaustive, pragmatic guide on how to adapt tax law to new technologies and how to apply tax tech processes in practice will be appreciated by tax practitioners, tax administrations, and academics throughout the entire tax community.